Golden Matrix Group Sets 2024 Annual Meeting Date

TL;DR

GMGI proxy filed for Oct 7th annual meeting - vote on company direction!

AI Summary

Golden Matrix Group, Inc. filed its definitive proxy statement for the 2024 Annual Meeting of Stockholders, scheduled for October 7, 2024. The filing, made on August 26, 2024, outlines the agenda and proposals to be voted on by shareholders. The company, previously known as Source Gold Corp. and Ibex Resources Corp., is incorporated in Nevada and operates in the prepackaged software services sector.

Why It Matters

This proxy statement informs shareholders about critical company matters and upcoming votes, allowing them to participate in corporate governance.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an annual meeting, not indicating immediate financial distress or significant new risks.

Key Numbers

• 20241007 — Annual Meeting Date (The date shareholders will vote on company matters.)
• 20240826 — Filing Date (The date the proxy statement was submitted to the SEC.)

Key Players & Entities

• Golden Matrix Group, Inc. (company) — Registrant
• Source Gold Corp. (company) — Former company name
• Ibex Resources Corp. (company) — Former company name
• 2024 Annual Meeting of Stockholders (event) — Scheduled event

FAQ

Filing Documents

• gmgi_def14a.htm (DEF 14A) — 891KB
• gmgi_defa14aimg22.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg14.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg15.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg16.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg17.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg18.jpg (GRAPHIC) — 5KB
• gmgi_defa14aimg19.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg20.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg21.jpg (GRAPHIC) — 1KB
• gmgi_defa14aimg13.jpg (GRAPHIC) — 5KB
• gmgi_def14aimg57.jpg (GRAPHIC) — 41KB
• gmgi_def14aimg17.jpg (GRAPHIC) — 10KB
• gmgi_def14aimg18.jpg (GRAPHIC) — 9KB
• gmgi_def14aimg51.jpg (GRAPHIC) — 8KB
• gmgi_def14aimg52.jpg (GRAPHIC) — 3KB
• gmgi_def14aimg53.jpg (GRAPHIC) — 3KB
• gmgi_def14aimg54.jpg (GRAPHIC) — 2KB
• gmgi_def14aimg55.jpg (GRAPHIC) — 3KB
• gmgi_def14aimg56.jpg (GRAPHIC) — 39KB
• 0001477932-24-005275.txt ( ) — 1082KB

FORWARD-LOOKING STATEMENTS AND WEBSITE LINKS

FORWARD-LOOKING STATEMENTS AND WEBSITE LINKS 7 INCORPORATION BY REFERENCE 7 MERIDIANBET GROUP ACQUISITION AND CHANGE IN FISCAL YEAR 7 DECLASSIFICATION OF THE BOARD OF DIRECTORS 8 REFERENCES TO ADDITIONAL INFORMATION 8 VOTING RIGHTS AND PRINCIPAL STOCKHOLDERS 9

Security Ownership of Management and Certain Beneficial Owners and Management

Security Ownership of Management and Certain Beneficial Owners and Management 10 Series C Preferred Stock 13 Nominating and Voting Agreement 14 Change of Control 14 CORPORATE GOVERNANCE 15 Board Leadership Structure 15 Risk Oversight 15 Family Relationships 16 Arrangements between Officers and Directors 16 Other Directorships 16 Involvement in Certain Legal Proceedings 16 Board of Directors Meetings 16 Board Committee Membership 17 Audit Committee 17 Compensation Committee 18 Compensation Committee Interlocks and Insider Participation 19 Nominating and Governance Committee 19 Controlled Company Status 20 Director Independence 20 Board Diversity Matrix 21 Table of Contents Website Availability of Documents 21 Stockholder Communications with the Board of Directors 21 Executive Sessions of the Board of Directors 22 Potential Conflicts of Interest 22 Code of Business Conduct and Ethics 22 Policy on Equity Ownership 22 Website Availability of Documents 22 Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank") 22 Compensation Recovery and Clawback Policies 23 Insider Trading/Anti-Hedging Policies 23 Pledging of Shares 23 Rule 10b5-1 Trading Plans 23 INFORMATION ABOUT OUR EXECUTIVE OFFICERS 24 BOARD OF DIRECTORS 25 General 25 Director Nominees 25 Qualifications of All Directors of the Board 29 AUDIT COMMITTEE REPORT 30

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 31 Summary Executive Compensation Table 31 Pay Versus Performance 33 Relationship Between "Compensation Actually Paid" and Performance 35 Compensation Actually Paid and Net Loss 35 Compensation Actually Paid and Cumulative TSR 36 Outstanding Equity Awards at Fiscal Year-End 38 Potential Payments Upon Termination 39 Employment and Consulting Agreements 40 Employment Agreement with Mr. Anthony Brian Goodman 40 Employment Agreement with Ms. Weiting Cathy' Feng 42 Employment Agreement with Zoran Miloevi 42 Employment Agreement with Sneana Boovi 45 Consulting Agreement with Mr. Omar Jimenez 45 DIRECTORS COMPENSATION 45 Summary Director Compensation Table 45 Board of Director Fees 46 EQUITY COMPENSATION PLAN INFORMATION 46 Description of Equity Plans 46 2018 Equity Incentive Plan 46 2022 Equity Incentive Plan 47 2023 Equity Incentive Plan 48 Equity Compensation Plan Information 49 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 50 Related Party Transactions 50 Sale and Purchase Agreement of Share Capital and Related Transactions 59 Restricted Stock Unit Award Amendments 64 Review, Approval and Ratification of Related Party Transactions 65 Indemnification Agreements 66 Table of Contents DELINQUENT SECTION 16(A) REPORTS 66 PROPOSAL 1 ELECTION OF DIRECTORS 66 General 66 General Director Qualifications 67 Vote Required To Elect the Director Nominees; Recommendation of the Board of Directors 67 PROPOSAL 2 RATIFICATION OF APPOINTMENT OF AUDITORS 68 General 68 Audit Fees 68 Pre-Approval Policies 68 Required Vote; Recommendation of the Board of Directors 69 STOCKHOLDER PROPOSALS FOR 2025 ANNUAL MEETING 69 Proxy Statement Proposals 69 Other Proposals and Nominations 69 DELIVERY OF DOCUMENTS TO STOCKHOLDERS SHARING AN ADDRESS 70 ANNUAL REPORT 70 ADDITIONAL FILINGS 71 STOCKHOLDER ADVISORY VOTES 71 DOCU

View Full Filing

View this DEF 14A filing on SEC EDGAR